Page 3152 - Finance News
Most banks wary of growing unsecured loan portfolio
Home loans are the safest bet for banks
Rupee erases gains against dollar, steady at 54.36
Renewed dollar demand from banks & importers on the back of stronger dollar in global mkt affected rupee value
Don't reject educational loan applications, RBI tells banks
Regulator also directs banks to issue suitable instructions to their branches or controlling offices for meticulous and strict compliance in this regard
Corporation Bank net profit grows only 1%
The total income grew 17% to Rs 4,070 cr compared with the same period a year ago
SBI net up on lower provisioning
May cut base rate to boost loan growth
Karnataka Bank reduces base rate by 25 basis points
The change is applicable on existing loans as well as for future loans
Bank of Maharashtra to increase corporate loan portfolio
Revival of subsidiary, Metco, also on the anvil
Corporate bonds reforms likely on anvil
Proportion of corporate debt to GDP stands at only 4%in India while bank loans to GDP is at approximately 36%
Citigroup to pay Pandit $15.5 mn
Former COO Havens to receive $15.5 million, board chairman says sums are not severance payments
Bad loans of PSBs rise to Rs 1.1 lakh cr in 2012
Priority sector contributed to largest share of NPAs at Rs 23,911 cr
HSBC India grapples with crisis of confidence
The bank, which has publicly announced a target of $1 billion in annual profits from India in the medium term, has been hitting the headlines for all the wrong reasons
Rupee fails to maintain gains, at 54.71/dollar
Erases early gains, still higher by 4 paise on uneven demand & supply of dollar from banks, despite strong dollar overseas
Standard Chartered Bank launches new full-service branch at Jodhpur
The branch will offer several services including no-frills account
DCB Bank approves preferential issuance of equity shares
Post-issue, the holdings of the promoters will come down marginally to 18.48%